NOT LISTED FOR SALE

2012 E 2nd St Los Angeles, CA 90033

Estimated Value: $965,000 - $1,256,000

4 Beds
4 Baths
3,908 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,050,000 $269 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,260/month

4 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Views
  • Felicitas and Gonzalo Mendez High Rated A-
  • Den
  • Laundry Room

About This Home

As of March 2022

Gorgeous craftsman building featuring four HUGE 1bed/1bath units located in PRIME Boyle Heights. Each unit has formal living room with fireplace, dining room area, and plenty of closet space. Two units have been completely remodeled with brand new wood vinyl flooring, brand new kitchen cabinets and appliances, updated bathroom, and new paint throughout. Unit 2012 is currently occupied by on-site manager and to be delivered vacant (call listing agent for details). All other tenants will remain. Upstairs units feature private staircase entrances and private office/patio area. Huge lot with plenty of parking and excellent potential to add two ADU's in rear. Two front entrance driveways on each side of the building plus rear alley access. HUGE upside potential. Walking distance to Mariachi Plaza, Metro, and Hollenbeck Park leading to the NEW 6th Street Bridge slated to open this Summer.

Last Agent to Sell the Property

Jesse Stamps

Keller Williams Beverly Hills License #01412557 Listed on: 01/24/2022

Keller Williams Beverly Hills

Last Buyer's Agent

Sharon Cruz Rodriguez

VIP RE Firm License #02085479

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,802

Year Built

  • Built in 1916

Lot Details

  • 8,907 Sq Ft Lot
  • North Facing Home

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,908 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Den
  • Laundry Room
  • Property Views

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Private Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5183-011-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,802

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3908
  • Lot Acreage: 0.2045
  • Year Built: 1916
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Wood Laminate
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Ceiling Fan, Dishwasher, Freezer, Microwave, Refrigerator
  • Price Per S Q F T: 230.30

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Private, Oversized, Driveway - Concrete
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 50.00
  • Assessed Improvement Value: 404144
  • Assessed Land Percent: 50
  • Assessed Land Value: 404144
  • Total Assessed Value: 808288
  • Assessor Parcel Number: 5183-011-026
  • Lot Size Area: 8907

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.77
  • Number Of Units: 4
  • Total Annual Expense: 22477
  • Type Of Units: Multi-Family
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Feb 24, 2022
Sold by
Laurel Investments Llc
Bought by
Rodriguez Jonathan
Seller's Agent
Jesse Stamps
Keller Williams Beverly Hills
Buyer's Agent
Sharon Cruz Rodriguez
VIP RE Firm
List Price
$900,000
Sold Price
$1,050,000
Premium/Discount to List
$150,000
16.67%
Current Estimated Value
$1,106,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,430
Avg. Annual Appreciation
1.74%
Original Mortgage
$735,000
Outstanding Balance
$686,386
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$427,747

Purchase Details

Closed on
Jul 23, 2019
Sold by
Gardez Lafoi Company Llc
Bought by
Laurel Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 19, 2016
Sold by
Morita Morita S
Bought by
Gardez Lafoi Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rodriguez Jonathan $1,050,000 North American Title
Laurel Investments Llc $800,000 Fidelity National Title Co
Gardez Lafoi Company Llc $550,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jonathan $200,000
Open Rodriguez Jonathan $735,000
Previous Owner Laurel Investments Llc $520,000
Previous Owner Gardez Lafoi Company Llc $375,000
Previous Owner Morita S Richard $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $1,050,000 +16.7% $269 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $900,000 -- $230 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,802 $1,114,268 $689,785 $424,483
2024 $13,802 $1,092,420 $676,260 $416,160
2023 $13,542 $1,071,000 $663,000 $408,000
2022 $10,297 $824,452 $412,226 $412,226
2021 $10,157 $808,288 $404,144 $404,144
2019 $7,372 $572,220 $364,140 $208,080
2018 $7,211 $561,000 $357,000 $204,000
2016 $4,328 $326,348 $155,403 $170,945
2015 $4,271 $321,447 $153,069 $168,378
2014 $4,311 $315,151 $150,071 $165,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-121357

The MLS

APN: 5183-011-026